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ThursdayJul 18, 2019 2:49 pm

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Adds Top-Tier Executive to Ranks

TransCanna Holdings (CSE: TCAN) (FSE: TH8) recently named Alan R. Applonie as general manager of its Modesto facility (http://cnw.fm/Rp1oX). A recent article discussing the company reads, “The appointment was made after screening of top-tier talent from the industry for a period of six months. Applonie most recently oversaw a major consumer-goods facility that generated approximately $300 million in annual gross revenues. He will be overseeing all of the manufacturing and related activities at the 196,000-square-foot hub, as well as other units being acquired in Stanislaus County. . . . With this one single move, TransCanna has instilled years of experience, knowledge…

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ThursdayJul 18, 2019 2:39 pm

CannabisNewsBreaks – Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) DehydraTECH Consistently Outperforms Industry Standards

Biotechnology company Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) recently reported that clinical lab tests conducted with live animals demonstrated that its new, enhanced version of DehydraTECH(TM)  can deliver eight times more CBD into the blood and 19 times more CBD into the brain tissue than standard industry formulations (http://cnw.fm/0sJRF). An article discussing the company reads, “LXRP intends to perform more studies on the enhanced DehydraTECH and focus on optimizing implementation regarding product applications for its licensees. . . . In earlier test results, LXRP announced that original or standard DehydraTECH combined with generic nanotech techniques delivers 1,137% more cannabidiol (CBD) into animal…

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ThursdayJul 18, 2019 11:00 am

CannabisNewsBreaks – Golden Developing Solutions, Inc. (DVLP) Posts Record Sales in Second Quarter

Emerging leader in the cannabis, hemp, and cannabidiol (“CBD”) marketplace Golden Developing Solutions (OTC: DVLP) this morning announced strong financial results for its second quarter, ended June 30, 2019. Per the update, the results reflect the company’s greatest amount in sales to date, with preliminary second quarter sales of $1,965,641. “According to the most recent ArcView Market Research report, the cannabis and CBD industries experienced significant growth in the first half of 2019, and it’s exciting that our second quarterly results reflect a similar growth trajectory,” DVLP CEO Stavros Triant stated in the news release. “We believe our diverse ecosystem…

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ThursdayJul 18, 2019 10:05 am

CannabisNewsBreaks – Marijuana Company of America Inc. (MCOA) Launches New CBD-Infused hempSMART(TM) Body Cream

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) today announced that its hempSMART(TM) brand has launched a new product called hempSMART Body Cream(TM). Per the update, the nourishing topical product is formulated with 300mg of organically grown, full spectrum, non-psychoactive cannabinoid (“CBD”), derived from industrial hemp, and a unique blend of synergistic Ayurvedic herbs and botanicals. “The new hempSMART Body Cream is a major advancement in the wellness arena,” Paula Vetter, holistic nurse practitioner, certified herbalist and chair of the hempSMART Medical Advisory Board said in the news release. “The cream is completely free of toxins that…

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ThursdayJul 18, 2019 9:56 am

CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Announces Opening of Branded Cannabis Retail Store in Lloydminster, Alberta

British Columbia-based fully-integrated cannabis company Choom Holdings (CSE: CHOO) (OTCQB: CHOOF) today announced that an Alberta provincially approved cannabis retail licensee is opening a cannabis retail store in Lloydminster, Alberta. According to the update, the new store will operate under the Choom brand and is scheduled to open on Saturday, July 20, 2019. “We've been anticipating the opening of this store in Lloydminster for quite some time and we're really excited to finally be able to share our unique retail experience with the local community,” Choom President and CEO Chris Bogart said in the news release. To view the full…

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ThursdayJul 18, 2019 9:28 am

CannabisNewsBreaks – Imaging3, Inc. (IGNG) Subsidiary Enters LOI with Dogwood Management Group, Inc.

Imaging3 (OTCQB: IGNG) today announced that its wholly owned subsidiary Grapefruit Boulevard Investments, Inc. has entered a letter of intent (‘LOI”) with Dogwood Management Group, Inc. Per the non-binding letter of intent dated June 12, 2019, the companies intend to have Grapefruit acquire and Dogwood manage licensed and fully compliant retail cannabis dispensaries throughout California that meet certain regulatory, operational and financial results requirements. Under the terms of the LOI, Dogwood will be primarily responsible for identifying and conducting due diligence on prospective acquisition candidates, while Grapefruit will be responsible for structuring the acquisition of any legal dispensary using cash,…

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WednesdayJul 17, 2019 2:59 pm

CannabisNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Doubles Retail Reach through Dillard’s Launch

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF), a Vancouver-based cannabis company, recently secured a new spot for its CBD-based SKUs at almost 300 stores nationwide through the completion of a distribution deal with Dillard’s. A recent article discussing the company reads, “Wildflower announced June 17 (http://cnw.fm/Uq2j1) that the company has received and fulfilled an opening purchase order from Dillard’s department stores that will give Wildflower’s premium hemp SKUs a presence in 292 Dillard’s stores nationwide. The deal is particularly attractive because it gives Wildflower an access channel in the large markets of Florida and Texas. . . . ‘Launching into Dillard’s…

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WednesdayJul 17, 2019 2:15 pm

CannabisNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Positioned to Profit as New Hemp Regulations Facilitate Widespread Cultivation in California

Green Hygienics Holdings (OTCQB: GRYN), a full-scope, science-driven, premium-cannabis cultivation and branding enterprise, is poised to capitalize in the growing California hemp market as new industrial hemp regulations establish registration procedures for cultivators in the state (http://cnw.fm/3Hj8R). The goal of the new program is to enable the widespread cultivation of hemp across California. An article discussing the company reads, “Green Hygienics became registered to cultivate industrial hemp in San Diego County in June 2019. The science-driven, premium-cannabis cultivation company announced that it has secured the required permits from the County of San Diego Department of Agriculture, Weights and Measures (http://cnw.fm/lB5pM). .…

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WednesdayJul 17, 2019 2:07 pm

CannabisNewsBreaks – Earth Science Tech Inc. (ETST) Subsidiary Establishes Position as Global Leader in CBD Industry

Florida-based biotechnology company Earth Science Tech (OTCQB: ETST), through its wholly owned subsidiaries, is focused on establishing its role as a global leader in the CBD space. A recent article discussing the company reads, “The company’s Cannabis Therapeutics Inc. subsidiary is a biotech firm focusing on CBD research and development for an extensive line of cannabinoid-based pharmaceuticals, nutraceuticals and other products and solutions (http://cnw.fm/pMBx7). The company is working to explore and harness the medicinal power of cannabidiol. Cannabis Therapeutics has a provisional application patent for CBD, and its first projects are centered on developing treatments for breast and ovarian cancers.” To…

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WednesdayJul 17, 2019 11:47 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) to Acquire Truverra in Preparation for Legalization 2.0 and Global Wellness Markets

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced its entry into a definitive agreement under which it will acquire all of the issued and outstanding shares of privately-held Truverra Inc. Per the update, the acquisition will be effected by way of a three-cornered amalgamation between Truverra, Supreme Cannabis and a wholly-owned subsidiary of Supreme Cannabis. The transaction is valued at 14.7 million common shares of Supreme Cannabis, with an approximate dollar value of $20,000,000 as of the company's closing price on July 16, 2019. “The recent introduction of Health Canada's amended cannabis regulations creates a distinct opportunity…

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